Prices for rebar and billet in the United Arab Emirates decreased during the week ending Tuesday September 11, while demand continued to be limited, sources told Metal Bulletin.
Demand is unlikely to improve before October, market participants said. Domestic rebar The biggest steel producer in the UAE, Emirates Steel, was still offering rebar at 2,178 dirhams ($593) per tonne ex-works for September rolling, and Conares Steel has been offering rebar at 2,172 dirhams per tonne ex-works since...